Toso Company, Limited announces an Equity Buyback for 250,000 shares, representing 2.38% for ¥129 million.
February 10, 2017
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Toso Company, Limited (TSE:5956) announces a share repurchase program. Under the plan, the company will repurchase up to 250,000 shares, representing 2.38% stake for ¥129 million at a price of ¥516 per share. The shares will be repurchased through off-auction own share method. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. As of January 31, 2017, the company had 10,505,164 shares outstanding and 1,392,436 shares in treasury.
TOSO CO., LTD. is a Japan-based company mainly engaged in the development, manufacture and sale of interior decoration products. The Interior Decoration-related segment is engaged in the manufacture, purchase and sale of interior products including curtain rails, interior blinds, roll screens, roman shades and accordion-type partitions. The others business is engaged in the sale of nursing care products and plastic chains, the inventory management, packing, packaging and forwarding of interior products, as well as the non-life insurance agency business.
TOSO COMPANY, LIMITED 
